Comments on: The Biggest Saver http://www.fivecentnickel.com/2006/12/04/the-biggest-saver/ personal finance tips, tricks, and commentary Sat, 21 Nov 2009 22:51:28 -0500 http://wordpress.org/?v=abc hourly 1 By: Terry http://www.fivecentnickel.com/2006/12/04/the-biggest-saver/comment-page-1/#comment-47076 Terry Fri, 08 Dec 2006 21:43:08 +0000 http://www.fivecentnickel.com/2006/12/04/the-biggest-saver/#comment-47076 How exactly would it work? If person #1 earns $100K and saves $5K, while person #2 earns $15K and saves $1K, and person #3 earns $50K and saves $2.5K, who is the Biggest Saver? (In my book, #2 is the Biggest Saver and #1 is the Smallest Saver.) What if one of them is able to sponge off of someone else (parents, relatives, girlfriend/boyfriend, etc) thereby affording them below-normal expenses? Does this detract from their claim to be Biggest Saver? How exactly would it work? If person #1 earns $100K and saves $5K, while person #2 earns $15K and saves $1K, and person #3 earns $50K and saves $2.5K, who is the Biggest Saver? (In my book, #2 is the Biggest Saver and #1 is the Smallest Saver.) What if one of them is able to sponge off of someone else (parents, relatives, girlfriend/boyfriend, etc) thereby affording them below-normal expenses? Does this detract from their claim to be Biggest Saver?

]]> By: Blaine Moore http://www.fivecentnickel.com/2006/12/04/the-biggest-saver/comment-page-1/#comment-45302 Blaine Moore Mon, 04 Dec 2006 16:48:47 +0000 http://www.fivecentnickel.com/2006/12/04/the-biggest-saver/#comment-45302 Accountability is important too, which is another reason the biggest losers actually lose weight. Everybody can see them on TV. Make yourself accountable to family and friends. Tell them your plans, and keep them updated with how you are doing. Blogs are good that way too; there are a lot of them that say "I need to save this or get out of this much debt" and then they try to hold themselves accountable to their readers. Accountability is important too, which is another reason the biggest losers actually lose weight. Everybody can see them on TV.

Make yourself accountable to family and friends. Tell them your plans, and keep them updated with how you are doing. Blogs are good that way too; there are a lot of them that say “I need to save this or get out of this much debt” and then they try to hold themselves accountable to their readers.

]]> By: Emma http://www.fivecentnickel.com/2006/12/04/the-biggest-saver/comment-page-1/#comment-45280 Emma Mon, 04 Dec 2006 15:46:55 +0000 http://www.fivecentnickel.com/2006/12/04/the-biggest-saver/#comment-45280 Nickel, this is exactly why my husband and I are huge supporters of Dave Ramsey. We took his 13-week course that allowed us to build relationships with people that would become our support group. Ramsey encourages people to find someone that will be honest and supportive of your financial goals. We've found that it is an essential element of your financial journey, and encourage anyone and everyone to do the same. Nickel, this is exactly why my husband and I are huge supporters of Dave Ramsey. We took his 13-week course that allowed us to build relationships with people that would become our support group. Ramsey encourages people to find someone that will be honest and supportive of your financial goals. We’ve found that it is an essential element of your financial journey, and encourage anyone and everyone to do the same.

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